OneCoin Co-Founder Karl Greenwood Sentenced to 20 Years in Prison
OneCoin stands as one of the largest fraud schemes in history. Using multilevel marketing and a Ponzi scheme, the fraudsters extracted $4 billion from unsuspecting victims.
Sam Bankman-Fried’s Bid for Pre-Trial Release Denied by Court
Judge Lewis Kaplan contends that inadequate internet access in jail isn’t a valid ground for his temporary release.
Spot Bitcoin ETF Race Heats Up with a New Big Player on Board
With assets under management reaching $1.5 trillion, Franklin Templeton has now applied to launch a spot Bitcoin ETF.
Discover Snaps: Metamask’s Exciting New Upgrade
MetaMask takes a leap forward with the launch of Snaps, an enhancement to its crypto wallet. These software components, conceptualized and created by third-party developers, bring fresh functionalities to the platform.
Blockchain to Help Germany Reduce Dependence on Russian Resources
Germany is gearing up for a significant digital overhaul to advance its energy sector. With a noticeable gap in comprehensive digital solutions, the government sees blockchain as a potential remedy.
The Market Welcomes a New Stablecoin
The USDM stablecoin,backed by short-term U.S. Treasury bills, has been introduced by Mountain Protocol.This regulated coin entices holders with a 5% annual return.
DEF Challenges Alleged Patent Troll
The DeFi Education Fund (DEF) has lodged an appeal with the U.S. Patent and Trademark Office (USPTO) to invalidate a patent held by True Return Systems (TRS), which links external data to the blockchain.
ElevenLabs’ AI Speaks in Various Voices Across Multiple Languages
Building a tool that offers content in any voice and language is an honorable pursuit. This vision drives the startup ElevenLabs, which has spent over a year delving into the possibilities of voice-based artificial intelligence.
AI’s Thirst: Big Tech’s Growing Water Appetite
Associated Press reports that AI systems like ChatGPT consume approximately 0.5 liters of water for every 5 to 50 prompts or questions posed by users.
Arthur Hayes Releases New Essay: “Are We There Yet?”
He predicts Bitcoin could hit $70,000 if the Fed lowers interest rates.
The Sad Fate of the Banana
Telegram bot Banana Gun’s native token BANANA plunged more than 99% in just three hours after its launch.
How much money does FTX have now?
The company hold $1.5 billion in cash, in addition to the $1.1 billion they had on hand as of November 11th.
Crypto Millionaires: How Many Are There in the World?
The digital community is always curious about the number of uber-rich crypto whales. Delving into others’ financials is inherent to human nature. However, the issue with crypto millionaires is even more intriguing: they’re often accused of having the power to manipulate the market, which can affect the portfolios of average investors.
Algorand Ex-CEO to Lead the Acquisition of Celsius
The new company’s board of directors is set to feature executives with diverse backgrounds, including individuals from WeWork, Lehman Brothers, and notable figures from the Bitcoin mining sector.
Sam Bankman-Fried Seeks Enhanced Prison Internet
Sam Bankman-Fried’s legal team has filed a request for a pre-trial release, citing the inadequate internet connectivity in the federal jail.
A Bitcoin Investor’s Lawsuit Might Bankrupt a City
James Howells, a crypto investor, has been on a decade-long quest to retrieve a hard drive, mistakenly discarded in a 2013 office cleanup, that contains 8000 BTC.
The Federal Reserve’s Interest Rate Debate: Stability or Hike?
Divisions are emerging among US Federal Reserve officials over where interest rates should head next, according to a recent WSJ piece.
$500,000 in Fees for Just One Transaction!
A user, while transferring 0.074 BTC, inadvertently paid a staggering fee of 19.82 BTC, equivalent to $512,000. This sets a new record for the highest transaction fee in dollar terms.
Brian Armstrong’s Take on Flatcoins: The Stablecoin Evolution?
A recent Yahoo Finance interview featured Brian Armstrong, Coinbase’s CEO, discussing the potential evolution of stablecoins into “flatcoins”.
Coinbase Raises USDC Rewards to 5%
Despite its ongoing confrontation with the SEC, Coinbase has decided to raise the annual interest rate for USDC held on its platform to 5%.
Metaverse’s Future is Questionable, But Why Not Tax It?
If in doubt – just tax. That’s the approach promoted by some academics with regard to the metaverse.
Security alert: PEPE’s Telegram accounts hacked
Both the official PEPE Telegram channel and its lordkeklol account have experienced security breaches.The project’s developers are cautioning users against engaging with these accounts and suggest reporting any scam attempts.
The first AI-driven order type on Nasdaq
This innovative order type utilizes real-time reinforcement learning AI to execute trades.
SEC seeks court approval to appeal Ripple ruling
The agency asserted that complex legal issues, particularly related to the Howey Test’s application by the court, justify a thorough review.
CFTC Commissioner Challenges DeFi Regulation Approach
A CFTC Commissioner, Summer Mersinger, has voiced dissent over the agency’s approach to DeFi regulation. She argues that the current enforcement actions could stifle innovation in the decentralized finance sector.
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Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
Investigation
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Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.